Prudential Newsroom: Featured Stories

Retained asset accounts: Prudential sets the record straight

Fri, 27 Aug 2010 00:00:00 EST

Retained asset accounts, which for nearly two decades have provided a safe place for life insurance beneficiaries to hold their money, have in recent days come under a great deal of criticism that is needlessly inflammatory and flat-out wrong. We want to set the record straight.

Prudential honors companies for improving retirement plans

Wed, 18 Aug 2010 00:00:00 EST

The best workplace-provided retirement programs help build retirement security by encouraging individuals to not only participate in their plans, but also to maximize contribution rates, diversify investments and to begin to think about their accounts as a source of retirement income.

Prudential Financial study shows women are taking greater control of their finances

Tue, 27 Jul 2010 00:00:00 EST

Women are more aware, engaged and actively involved in financial matters than ever before. But many aren’t planning sufficiently for their retirement goals. That’s what Prudential Financial’s 10th anniversary study on the “Financial Experience & Behaviors Among Women”

Prudential experts offer 'moderate' midyear market outlook

Thu, 22 Jul 2010 00:00:00 EST

Prudential's market experts expect to see moderate growth in the U.S. economy for the remainder of 2010. And while a double-dip recession is possible, it's unlikely amid encouraging signs for the corporate bond, fixed income and real estate markets, the panel of experts told journalists at the company's annual Midyear Market Outlook.

Prudential's strength 'stands the test of time,' says Best's Review

Fri, 16 Jul 2010 00:00:00 EST

Despite the worst economy in two generations, The Prudential Insurance Company of America is among an elite group of insurance companies that have demonstrated their financial strength and "stood the test of time," according to the July issue of Best's Review. Prudential and 10 other life insurers distinguished themselves in 2009 by retaining an A.M. Best rating of A or higher for at least 75 years.

Prudential training program focuses on helping families of people with special needs

Thu, 08 Jul 2010 00:00:00 EST

Lynn Tramontano knows all about the sleepless nights spent by families caring for people with special needs. A financial services associate with The Prudential Insurance Company of America, Tramontano recently worked with a family to help them plan financially for the future of their son, who is totally dependent on them. “It was a powerful feeling to help address a parent's worries about what would happen if they were no longer there to care for their son,” Tramontano said.

Prudential Financial's CFO featured on the cover of Business Finance magazine

Tue, 29 Jun 2010 00:00:00 EST

Richard Carbone, Prudential Financial’s chief financial officer, is on the cover of Business Finance magazine’s summer 2010 issue. Carbone is one of six chief financial officers who discussed the decisions that helped them “trump the economic downturn’s sudden fury” for the magazine’s “The Leadership Test” cover story.

Ready to retire?

Wed, 23 Jun 2010 00:00:00 EST

Am I ready to retire? The 78 million Americans poised to retire over the next 20 years are asking themselves that question, and financial security is at the heart of their response.

Prudential Financial's incentive program succeeds in encouraging shareholder voting

Thu, 03 Jun 2010 00:00:00 EST

The votes are in—and Prudential’s innovative approach to encourage proxy voting achieved its goal, helping the company record an increase of 23 percent in registered shareholder votes compared to 2009. In addition, 68,000 shareholders who did not participate in 2009 voted in Prudential’s 2010 proxy process.

DiversityInc names Prudential a top company for diversity

Fri, 07 May 2010 00:00:00 EST

Prudential has landed a spot on DiversityInc magazine's 2010 list of the “Top 50 Companies for Diversity.” This is the 10th year the magazine has issued its list, and Prudential has appeared among the top 50 since its inception.

Ten youths who are 'improving the world'

Mon, 03 May 2010 00:00:00 EST

When 17-year-old Alie B Gorrie learned that specialized technology could significantly improve vision in people with optic nerve hypoplasia, something she had suffered from for years, she was moved to tears—and action. “I was overwhelmed with joy and tears when my doctor told me I could break the most overpowering barrier to my independence,” says Gorrie. “That day, I knew I wanted others to experience the same opportunity that I was given.”

Expiration of home buyer tax credit won't dissuade most from house hunting

Wed, 28 Apr 2010 00:00:00 EST

The 2010 Home Buyer Tax Credit incentive program was credited with stimulating the real estate market. But the 2010 Prudential Real Estate Outlook Survey released April 28 by Prudential Real Estate and Relocation Services shows that most buyers will not be deterred from purchasing a home without the $8,000 tax credit option on the table. That's a good thing, considering the tax credit expires April 30.

Women at Prudential are growing careers with staying power

Tue, 30 Mar 2010 00:00:00 EST

Susan Unvarsky joined Prudential in 1988 as a front line claims processor and was promoted 18 months later to associate manager. Unvarsky, a vice president in Prudential Retirement, knew then that Prudential was serious about developing women and she has experienced this commitment over and over again throughout her 21 years with the company.

The fate of the U.S. consumer

Wed, 17 Mar 2010 00:00:00 EST

The U.S. consumer is still reeling from three distinct shocks in the market: the high unemployment rate and plunge in household income growth; the withdrawal of credit by banks; and a reduced level of household wealth. Before these shockwaves hit, consumers were among the most reliable supports for continued economic growth over the last decade.

Prudential ranks No. 2 among FORTUNE® magazine's ‘World’s Most Admired Companies’

Mon, 08 Mar 2010 00:00:00 EST

Prudential Financial is the second most admired life/health insurance company in the world, according to FORTUNE magazine.

Prudential Financial is taking a novel approach to encouraging proxy voting

Mon, 01 Mar 2010 00:00:00 EST

Prudential has introduced an innovative, eco-friendly way to encourage its shareholders to cast their proxy votes. Shareholders who vote their 2010 proxy--whether they do so via the Internet, by phone or through the mail--can select a free gift from Prudential. They can choose a tote bag made of recycled organic cotton or have a tree planted in their honor.

American workers want a fresh approach to their retirement plans

Mon, 22 Feb 2010 00:00:00 EST

Shaken by the most severe financial crisis since the Great Depression, the vast majority of American workers believe it’s time to create a new and improved model for workplace-provided retirement programs, according to a new study by Prudential Retirement.

Prudential adds dental insurance to its employee benefits offerings

Wed, 17 Feb 2010 00:00:00 EST

It's no secret that Americans are trying harder than ever to save money. At the same time, though, they're willing to spend money on products that could bring them an added level of security—and insurance is a prime example.

Conversations About Retirement

Wed, 27 Jan 2010 00:00:00 EST

Jac Herschler, senior vice president of Strategic Initiatives for Prudential Annuities, is available for comment in response to this week's State of the Union address about the administration’s proposals on retirement security.

Conversations About Retirement

Mon, 25 Jan 2010 00:00:00 EST

Jamie Kalamarides, senior vice president of Retirement Solutions for Prudential Retirement and nationally recognized expert on retirement, is available for comment this week about how the White House Middle Class Task Force’s new recommendations will affect Americans saving for retirement.

The Prudential Foundation helps bring Donna Brazile to Dr. Martin Luther King Jr. salute in Newark

Sat, 16 Jan 2010 00:00:00 EST

Thirty lucky New Jersey high school students had the opportunity to hear from political strategist and pioneer Donna Brazile at The Prudential-Foundation sponsored annual Dr. Martin Luther King Jr. Day Commemoration at the Newark Public Library on Jan. 12.

Prudential increases support to Haiti earthquake victims

Fri, 15 Jan 2010 00:00:00 EST

The death toll from the catastrophic earthquake in Haiti on Jan. 12 has reached more than 200,000 people, another 300,000 people were injured, and those left homeless number more than a million.

Featured Story

Wed, 06 Jan 2010 00:00:00 EST

Prudential Financial experts said Tuesday they are cautiously optimistic for sustained economic growth in 2010 as global markets continue a gradual rebound from the financial crisis.

Retirement Redefined

Tue, 27 Oct 2009 00:00:00 EST

Did something happen on the way to your comfortable retirement? If you're like most workers, that something was the market crash of 2008, which cost Americans approximately $1 trillion in retirement savings.

Americans hold on to life insurance

Wed, 23 Sep 2009 00:00:00 EST

It’s not surprising that most Americans are looking for ways to cut back on expenses and shore up their savings.